XL Catlin Boosts Available Terrorism Insurance Limits in US

New YorkWed Apr 19, 2017 —
To meet continued demand for terrorism insurance protection, XL Catlin raised its available terrorism insurance coverage limits to USD 250 million from USD 200 million, a 25 percent increase.
According to Ben Tucker, Head of US terrorism and political violence insurance, “Terrorism events in every corner of the world are prompting businesses worldwide to take a hard look at the risk that terrorism poses to their property and operations. They are looking for higher levels of financial protection to meet increased terrorism concerns and with this increase, we’re better equipped to address more of their coverage needs.”

XL Catlin is the global brand used by XL Group ltd.’s (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.